401(k) · DOL Form 5500 · 2024

Bonset America Corporation 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
122
Participants Small participant base
72nd
Percentile by assets National rank
$179,752
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Employees Savings Plan of Bonset America Corporation · Sponsored by Bonset America Corporation · North Carolina · Manufacturing

$22M in assets, 122 participants

Bonset America Corporation's Employees Savings Plan of Bonset America Corporation reported $22M in total assets and 122 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #11,017 in Manufacturing (17,777 peers)

Coverage in North Carolina

Employees Savings Plan of Bonset America Corporation covers 122 participants in North Carolina, about 15% of the average North Carolina filer (state average ~819 per filing). Assets: $22M.

#11,017
in Manufacturing (17,777 peers)
+2.5%
assets growth YoY

Employees Savings Plan of Bonset America Corporation's outsized position by total assets

Employees Savings Plan of Bonset America Corporation vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$21,929,692 Top 28% higher than 72% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Employees Savings Plan of Bonset America Corporation among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Employees Savings Plan of Bonset America Corporation sits mid-pack in the medium band (122 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Employees Savings Plan of Bonset America Corporation reported net income fell from $1M in the plan year 2023 filing to $543K in the plan year 2024 filing.
  • Employees Savings Plan of Bonset America Corporation reported participants fell from 140 in the plan year 2023 filing to 122 in the plan year 2024 filing.
  • Employees Savings Plan of Bonset America Corporation end-of-year assets rose from $21M in the plan year 2023 filing to $22M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 561645992 · Bonset America Corporation PY 2024 · 401(k)

Employees Savings Plan of Bonset America Corporation · $22M · 122 · 72nd

  • EIN $22M
  • EIN 122
  • EIN 72nd
  • EIN 401(k)
  • EIN near Vsolvit LLC 401(k) Profit Sharing Plan
  • EIN ind #11017

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in North Carolina →

Employees Savings Plan of Bonset America Corporation in the asset neighbourhood

Employees Savings Plan of Bonset America CorporationEmployees Savings Plan of Bo…$22MVsolvit LLC 401(k) Profit Sharing PlanVsolvit LLC 401(k) Profit Sh…$22MTelephone Electronics Corporation and Associated Companies 401(k) PlanTelephone Electronics Corpor…$22MPercheron, LLC 401(k) Profit Sharing PlanPercheron, LLC 401(k) Profit…$22MPrinceton Nassau Pediatrics 401(k) Profit Sharing PlanPrinceton Nassau Pediatrics …$22M
End-of-year total assets ($M) among Employees Savings Plan of Bonset America Corporation and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$22M
Net Income$543K
Employer EIN561645992
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bonset America Corporation)

Sponsor-wide plan assets over time

All Bonset America Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$22M 10.219307839160582% vs 2022
2024 filing year
$19M$20M$21M$22M$23M 202220232024 $19.9M $21.9M ▲ +10.2%
Year Plans Participants Total Assets
2022 1 143 $20M
2023 1 140 $21M
2024 1 122 $22M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Employees Savings Plan of Bonset America Corporation vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Employees Savings Plan of Bonset America Corporation, Total assets ($B): 0.021929692 · Participants: 122Employees Savings Plan of Bonset America CorporationThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Employees Savings Plan of Bonset America Corporation vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Employees Savings Plan of Bonset America Corporation side-by-side with 3 peers →

Employees Savings Plan of Bonset America Corporation's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Vsolvit LLC 401(k) Profit Sharing Plan in CA ($22M); by covered participants it is Assertio Management, LLC 401(k) Retirement Plan in IL (122 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (122 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Employees Savings Plan of Bonset America Corporation assets move in 2024? ▼
Employees Savings Plan of Bonset America Corporation edged up modestly - up 2.5% during 2024, from $21M to $22M. Reported net income was $543K.
How have Bonset America Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bonset America Corporation's sponsor-wide assets grew 10.2%, from $20M to $22M.
Which 401(k) plans are similar in size to Employees Savings Plan of Bonset America Corporation? ▼
Among 401(k) plans in other states, the closest by assets is Vsolvit LLC 401(k) Profit Sharing Plan in CA ($22M, 360 participants).
Which 401(k) plans cover a similar participant headcount to Employees Savings Plan of Bonset America Corporation? ▼
Among 401(k) plans in other states, the closest by covered participants is Assertio Management, LLC 401(k) Retirement Plan in IL (122 participants, $18M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 561645992.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.